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Allegheny Company has borrowed $100,000 from a bank with the understanding that the company will pay $2,000 per month to repay the loan. The bank

Allegheny Company has borrowed $100,000 from a bank with the understanding that the company will pay $2,000 per month to repay the loan. The bank will charge .75% interest per month on the unpaid balance. How long will it take Allegheny to amortize the loan

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